St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-05-15
MINNEAPOLIS REAL ESTATE
Is Set Booming by the New Manu-.
featuring Concerns.

MINNEaPOlIIS REAL ESTATE
is Set Booming by the New Manu-
featuring Concerns.
The rumors that have thickened the
air for the past three OF four weeks are
fast taking shape and the past week
has witnessed the naturalization of
three of them, while fourth enterprise,
of far more magnitude than the others,
has come to the city unlimited, and has
received welcome betitting its import
ance. Other notable manufacturing
interests are almost mature, and the
knowing ones say the past week will
but serve as an Introduction for what is
to come. In any event the year 1887
has already proven remarkable one,
and the energetic efforts now being put
forth by our enterpriSing citizens in
SureS beyond cavil the continued and
increasing growth and prosperity of the
city.
On Thursday morning the GLOBE
printed an account of the Minneapolis
Wagon Works company, and its mag
nificent plans, with the assurance of
the immediate beginning of work.
President Hunter, of the corporation. is
man of action. He came without pre-
viOuSly announcing his business, and
having looked over the field, he pur-
chased the site in Crystal Lake town.
He at once employed Architect Buf1ing-
ton to prepare building plans from his
own sketches, and the architect praises
the economy OF space and evident prac-
ticability of Mr.. Hunters designs, He
employed MeSSrS. Nutter and Plummer
to make the typographical survey of the
site, which Will be completed by
"Wednesday of this week. He has the
promise of President Washburn' that
side tracks from the Manitoba d. Pacific
road to his building site will be laid at
already been accomplished by Mr.. Hun
ter. On Monday he will advertise for
bids for 100000 brick, with which to
put up the two principal buildings of
the plant. The other buildings.
boiler and coal house, office, water
tower, foundry and blast furnace
and three large storage houses
will also be begun TO with. The
architects sketch of the entire plant i'm
perspective shows magnificent pile,
dominated by the lofty water tower.
which displays great four-dial clock.
1t is to be hoped that in the above de-
scription of work done will be found
ample REPUTATION of a few rumOrs. for
An enterprise of such magnitude. eX-
pending in plant alone over S5O0.OOO,
should receive royal welcome at the
hands of Minneapolis, and everybody
will rejoice i'll its early completion.
1t is scarcely necessary to say that the
location of the wagon works northwest
of the city will have very lively effect
on property i'll that region. On the day
of the announcement of the location Of
feringS in the neighbOrhood were
quickly taken, and it is probable that
there is scarcely a thing to be had
within long way of the junction of the
Osseo branch and the Minneapolis 81
located.
Fridley comes up smiling with an
enterprise that is a welcome addition
to the manufacturing interests of the
city. The Clayton pillow works, now
located at Wadena, has been purchased.
and will be removed to Fridley, when.
with greatly enlarged capacity, it vii! be
operated by Minneapolis company. A
site just mile east of Ball & Nay
lor's pump factory, in Fridley park, has
been purchased, and the new company
hopes to have its plant ready for opera
ton by September next. The incorpor-
ators, John Clayton, J. l.. Beach, Israel
Peabody, ID. A Stuart, c. c. Dennis. |.
p. VeaZey and j. NJ. Miller. have
capital stock of 100000, the limit of in
debtedness being $4,000; 100 men will
find employment at the plOw works at
the beginning of operations. The
MeSSrs. Stuart, Beach, White and
Veazey will build at once twenty-five
houses on their property adjacent to the
new pillow works. The Clayton company.
of which Mr.. Peabody is president and
Mr.. Beach secretary-treaSurer, has es-
tablished an Office on the ground floor
of the Lumber exchange.
x x
The location of the CLAYTON plow
works within its borders and the ordi-
nance permitting the building of the
northeast motor line will undoubtedly
increase the interest in Fridley prop
erty, and holders are advancing prices.
Indeed, there is no suburb that offers
more substantial attractions to the in
weston. What, with the stock yards and
the several Industries connected there
with, the manufacturing concerns al
ready located in Fridley, the new pillow
works, the 800" shops but a little this
side and other enterprises known of, but
not yet to be mentioned, there is bound
W NC Il Slcauy increase III values north
east, a fact which long-Sighted investors
are acting upon. f. j. Swan sold thirty
residence lots i'll Fridley last week at
$3.50 each. WOlverton d Lewis report a
so, 900 sale OF acres lying nile and
half north of Eridley. AS an indication
of what is doing i'll Frdley real estate,
one firm has sold over LOCO acres in that
locality thus far this spring.
Hopkins and the Junction City quar-
ter are not to he omitted from this
weeks lucky ones. The Minneapolis
Iron and Steel works lave been located
near Shady Lake, beyond Hopkins, and
in securing this enterprise that locality
has been fortunate. The stock of the
company, $3.50, 900, will be controlled by
Minneapolis men. aud cor1,lcte or
ganzation will be effected tlrS coming
week. The site and $4,000 of the CAPT
tai stock is already secured. and no diff
fcIllty will be 0ui<tnrCu in nlanino